Kalshi hits $2bn valuation with new funding round led by Paradigm, in latest sign that prediction markets are going mainstream; CEO says plans are in the works for Kalshi to integrate with over a dozen more brokerages, on top of Robinhood and Webull wsj.com/finance/predic…

I've never been good at predicting my future. My dreams have often felt impossible, and many of them have been. I've never met Harry Styles. I still haven't learned how to play the guitar. But I've been incredibly fortunate that others have become reality. I still think back to

Kalshi = category creation

I met Tarek Mansour in school, nearly a decade ago. He is an outlier. Today, we could not be more excited to partner with him, Luana Lopes Lara, and their team of all-stars Kalshi. Kalshi’s markets are a source of truth that will reshape legacy finance and our media.

“Who is the crypto user?” This was the question we have been grappling with recently, culminating in our release today of the first major market mapping survey of crypto users. Spoiler: crypto owners are more diverse in their views, interests, & beliefs than even I expected. 🧵

5/ Read the brief & stand with the builders: cdn.sanity.io/files/dgybcd83…

🔥 testimony from Dan Robinson “What crypto provides is an alternative system, one that gives us the efficiency of globally coordinated markets without sacrificing the competitive benefits of peer-to-peer trading.” “The United States can maintain its dominant position as

Welcome notawizard!

Here is my testimony from the Senate Banking Committee last week I focused on the promise of DeFi—which does for trading and lending what stablecoins do for payments—and how market structure legislation must not inadvertently harm it Link to longer written testimony in 🧵

Day 1 of the Roman Storm trial is in the books, and perhaps we need to make something clear to the government: Normal 👏people 👏also 👏deserve 👏 financial👏 privacy👏 Privacy is NOT a crime.

Huge, higher than expected turnout for crypto legislaton today: GENIUS Act passes 307-122. CLARITY Act passes 294-134.

there's 3 days left to apply for the paradigm fellowship I was a fellow in 2024 and it was one of the highlights of my year if you're young, technical and interested in crypto, markets and how money moves online, this is your chance to meet more people like you -- apply!

Stablecoin summer indeed! Thank you for having me on Sonali Basak & Tim Stenovec for Bloomberg Bloomberg Crypto this afternoon

Fired up to build big things with Veit Moeller. Welcome to the team.

MEV stole your gains—Angstrom gives them back. Live on Mainnet now.

Happy 10th birthday to Ethereum 10 years, 100% uptime, world computer

Live from Frontiers

Crypto meeting its moment. Tempo: purpose-built for stablecoins and real-world payments. With design input from Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered and Visa.

Big news at Plural : we’ve raised a $7.13M seed round led by Paradigm, with support from Volt Capital, Maven 11, & Neoclassic Capital . Learn more in Axios: axios.com/pro/fintech-de… The time to upgrade electron economy financial rails is now🧵

Someone on HN (which is often quite crypto-skeptical) asked why exactly businesses are finding crypto and stablecoins useful. It's a very reasonable question. My response: